Mass Spectrometry Market Forecast 2030: Top Companies, Trends and Growth Factors Details for Business DevelopmentPosted by Sona Kulkarni on September 8th, 2023 Mass Spectrometry Market Growth & Trends The global mass spectrometry market size is projected to reach USD 9,697.0 million by 2030, at a CAGR of 8.06% over the forecast period, according to a new report by Grand View Research, Inc. Rising awareness regarding early detection of chronic and infectious diseases and emerging technological advancements in diagnostic instruments are expected to significantly drive the market growth. In addition, there has been an increase in demand for cost-effective and automated techniques for disease diagnosis which is anticipated to increase the demand for mass spectrometry techniques and positively affect the growth. The COVID-19 pandemic has boosted the demand for vaccine development due to recent advancements in virology-based research. Here, mass spectrometry has applications for the study of viral structure for SARS-CoV-2. The technique can also be used to study complex protein structures and protein-protein interactions associated with the virus. Hence, various pharmaceutical and biotechnology companies involved in COVID-19 vaccine and drug development efforts are anticipated to increase the demand for instruments and consumables. In addition, various academic institutions and companies are indulging in product development strategies to support the demand for mass spectrometry from the proteomic market. For instance, in September 2022, the director of Northwestern’s Proteomics Center of Excellence published a paper on the development of a new imaging approach to enhance the identification of intact proteoforms. The team of researchers has built a Proteoform Imaging Mass Spectrometry (PiMS) system which is anticipated to assist mass spectrometry in various applications, including the detection of novel biomarkers, mapping of molecular tissue, and improvement in disease diagnosis. Similarly, in October 2022, Thermo Fisher Scientific, Inc. announced the launch of mass spectrometry consumables and instrument that allows end-users in proteomics and biopharma to achieve significant breakthroughs. The instrument, known as Thermo Scientific Orbitrap Ascend Tribrid mass spectrometer, provides a new capability to direct multiple ions and enables to gain deeper insights into samples, along with rapid detection. Request a free sample copy or view report summary: Mass Spectrometry Market Report Mass Spectrometry Market Report Highlights
Access Press Release@ https://www.grandviewresearch.com/press-release/global-mass-spectrometry-market Mass Spectrometry Market Segmentation Grand View Research has segmented the global mass spectrometry market based on product, technology, application, end-use, and region: Mass Spectrometry Product Outlook (Revenue, USD Million, 2018 - 2030)
Mass Spectrometry Technology Outlook (Revenue, USD Million, 2018 - 2030)
Mass Spectrometry Application Outlook (Revenue, USD Million, 2018 - 2030)
Mass Spectrometry End-use Outlook (Revenue, USD Million, 2018 - 2030)
Mass Spectrometry Regional Outlook (Revenue, USD Million, 2018 - 2030)
List of Key Players in the Mass Spectrometry Market
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Like it? Share it!More by this author
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